1704 E 24th Ave, Hutchinson, KS 67502
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1704 E 24th Ave, Hutchinson, KS 67502
1704 E 24th Ave, Hutchinson, KS 67502
1704 E 24th Ave, Hutchinson, KS 67502
1704 E 24th Ave, Hutchinson, KS 67502
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Traci Ratzlaff

Traci Ratzlaff

+1(620) 694-9300
$ 1,500,000
Est. payment /mo
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1704 E 24th Ave Hutchinson, KS 67502

28 Beds

24 Baths

11,152 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 11,152 sqft

Price per Sqft $134

MLS Listing ID 54351

Style Two or More Stories

Bedrooms 28

HOA Y/N No

Year Built 1987

Annual Tax Amount $19,360

Tax Year 2025

Lot Dimensions 141' x 217'

Property Sub-Type 5 Family or More

Source prairie

Property Description

Excellent opportunity to acquire a 12-unit apartment complex consisting of two well-maintained 6-unit buildings located in the highly desirable Hutchinson Medical Corridor, offering strong rental demand driven by nearby healthcare employment and services. Each building features a well-balanced unit mix of two spacious 3-bedroom units and four 2-bedroom units, appealing to a wide range of tenants and supporting long-term occupancy. The property has two vacant units in the process of being leased, providing investors with immediate and stable cash flow from day one. Ownership has taken great care in maintaining the property, with major exterior improvements including newer roofs, siding, and windows, along with updated concrete parking areas. Tenants also benefit from covered parking, an attractive amenity that enhances tenant retention and property value. With its prime location, strong occupancy, and proven rental history, this multifamily property represents an ideal turnkey investment opportunity for investors seeking dependable income in one of Hutchinson's most desirable rental areas. General Partner of the selling entity is a licensed real estate broker in the State of Kansas.

Location

State KS

County Reno

Area Hutchinson Ne

Rooms

Basement Crawl Space

Interior

Heating Electric

Cooling Electric

Fireplace No

Appliance Dishwasher, Disposal, Electric Oven, Refrigerator, Electric Water Heater

Exterior

Parking Features Paved, Carport, On Street

Garage Spaces 6.0

Carport Spaces 6

Garage Description 6

Amenities Available Underground Sprinkler-ALL, Guttering-ALL, Alley Access

Roof Type Composition,Shingle

Building

Lot Description Standard Lot

Sewer Public Sewer, Meter-MASTER

Water Public, Included in Lease/Rent, Meter-MASTER

Architectural Style Two or More Stories

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Union Valley

Middle Schools Hutchinson

High Schools Hutchinson

School District Union Valley

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Berkshire Hathaway PenFed Realty

NEARBY SCHOOLS & PROPERTIES

Traci Ratzlaff

Traci Ratzlaff

Broker Associate | BRBR00216244

+1(620) 694-9300

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1704 E 24th Ave